It may seem as if the worse is over. Those oversights and indiscretions which led to the global financial crisis have been exposed and dealt with – or have they? According to Andrew Sheng, renowned economist and distinguished speaker at SMU's Ngee Ann Kongsi Annual Lecture Series, the severity of the crisis is far more extensive than most people believe. Compounding the problem are systemic complexities brought on by "shadow banking", "moral hazards", and the carnivorous lions of Wall Street.
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Carnivorous lions and herbivorous Asians: How the recession has made a case for leadership in Asia. (2011). Knowledge@SMU.
Available at: http://ink.library.smu.edu.sg/ksmu/41